My own view is that nothing could be more unlikely, given the current political mood.

My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.

I think it is time to get rid of Fannie Mae and Freddie Mac.

I do think that the complexity issue of the Volcker Rule and the push-outs help.

People have a right to say what they want, but that is, I think, an inaccurate, self-fulfilling prophecy about what will happen.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.

You always have to pick a number, and it will always be somewhat arbitrary.

The incentive became to make a quantity of loans and not quality.

Make them keep their loans in the portfolio. Don't have them securitizing much.

I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.

No. I voted against the repeal of Glass-Steagall at the time because I thought it did not help benefit the new regulation.